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Media & TelecomGulf Energy offers $5.4 bln for telco in second-largest Thai deal ReutersPatpicha Tanakasempipat 4 minutes read Gulf Energy Development (GULF.BK), Thailand's biggest power producer run by billionaire Sarath Ratanavadi, offered a $5.4 billion bid on Monday for Intouch Holdings (INTUCH.BK), which controls the country's top mobile phone operator AIS. The 65 baht ($2.08) per share offer for the 81.1% shares of Intouch that Gulf doesn't already own, represents an 11% premium to Intouch's close on Friday. Intouch stock rose as much as 9% on Monday to 63.75 baht and closed at 63 baht....

20 Apr 2021 / 00:47 H. Customers waiting for service at an AIS shop in Bangkok. – REUTERSPIX BANGKOK: Gulf Energy Development, Thailand's biggest power producer run by billionaire Sarath Ratanavadi, offered a US$5.4 billion (RM22.27 billion) bid on Monday for Intouch Holdings, which controls the country's top mobile phone operator, Advanced Info Service (AIS). The 65 baht (RM8.58) per share offer for the 81.1% shares of Intouch that Gulf doesn't already own, represents an 11% premium to Intouch's close on Friday. Intouch stock rose as much as 9% on Monday to 63.75 baht and closed at 63 b...

Seizing opportunities in crisis The stock crash still saw some nimble investors recover, write Darana Chudasri, Nuntawun Polkuamdee and Somruedi Banchongduang published : 29 Dec 2020 at 04:02 5 2020 marks one of the most volatile years in stock history as the pandemic led to global economic uncertainty.  Thanarak Khunton This year saw an unexpected stock market crash followed by predictable trends that allowed savvy investors to make back their investments by betting on technology, healthcare and the timeline of a new vaccine. Markets sa...